The beginnings of a multi-decade transformation? That’s what Yardi Matrix predicts for the office sector
Another unsteady year for the U.S. office sector? That's what Yardi Matrix predicts in its January National Office Report.
Chicago
Downtown Chicago’s office vacancy rate hits record high, but Bradford Allen finds signs of improvement
Downtown Chicago's office vacancy rate rose to a new high in the fourth quarter of last year, according to the latest research from Bradford Allen.…
NAI Hiffman report: Despite challenges, Chicago’s industrial market continues to grow
Chicago’s industrial real estate market continued its expansion in 2024, according to a fourth-quarter report released earlier this month by NAI Hiffman. While the market…
Marcus & Millichap brokers $2.1 million sale of Chicago Walgreens
Marcus & Millichap negotiated the sale of a net-leased Walgreens location in Chicago for $2.1 million. Sean Sharko and Austin Weisenbeck, investment specialists in Marcus…
Essex Realty brokers sale of six-unit apartment building in Chicago’s Noble Square neighborhood
Chicago-based multifamily brokerage firm Essex Realty Group, LLC closed the sale of a six-unit apartment building at 1470 W. Huron St. in Chicago’s Noble Square…
Zeller named operating partner on two Chicago and one Indianapolis office properties
Zeller has been selected as the operating partner by Värde Partners and Trimont on two Chicago and one Indianapolis office investments at 2001 York Road…
Stream Realty Partners adds director of property management in Chicago office
Stream Realty Partners, added Heather Spearman as Director of Property Management in its Chicago office. Spearman will play a key role in Stream’s hospitality-inspired X2…
Future Leaders: Urban Innovations’ Jake Priester
Jake Priester is project manager with Chicago-based construction, property management and leasing company Urban Innovations. And though his career in commercial real estate has been…
Minneapolis ranks as RentCafe’s top rental market to watch in 2025
Which cities are poised to become rental hotspots for tenants searching for new apartments in 2025? According to the latest report from RentCafe, several of…
Despite the negative numbers, JLL finds some positives in Chicago’s CBD office sector
It's not easy to find bright spots in the Chicago downtown office market. But JLL in its fourth-quarter 2024 report did say that the final…